Education & Training Institute Inc

Analysis

Education & Training Institute Inc is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Education & Training Institute Inc reported income of $723k and spending of $1.0m, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $485k to $723k (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 119%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education & Training Institute Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Kiddie Kingdom Inc ($723k), Kan Cobra Tiger Alliance Incorporated ($723k) and Hagerstown Childrens School Association Inc ($723k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $73k (7.2% of expenses). Other salaries and wages came to $468k. At year end it held assets of $447k against liabilities of $51k, net assets of $396k. It reported 11 employees.